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Blackpoint raises $190M

Ellicot City, Md., and Boston, Ma.-based Blackpoint, a company providing security via managed service providers, has raised $190 million. The funding was led by Bain Capital Tech Opportunities, with participation from Accel.

Existing investors Adelphi Capital Partners, Telecom Ventures, Pelican Ventures and WP Global Partners also participated in Blackpoint’s investment round.

William Blair acted as exclusive financial advisor to Bain Capital Tech Opportunities.

Blackpoint

[Image courtesy: Blackpoint]

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